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312 Arizona Ave
B- Composite 69.52
Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +30.0/30.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • ARV discount +7.5/15.0
  • Condition / age +4.0/5.0
  • Schools +3.0/10.0
  • Rent growth +2.5/5.0
  • Livability +2.5/5.0
  • Appreciation +0.0/10.0

$95,000

312 Arizona Ave · Sicklerville, NJ 08094
2 bd · 1.5 ba · 1,350 sqft · SingleFamily · 48 Days on market
Built 1980 Good condition 3,000 sqft lot

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks

Welcome to 312 Arizona Avenue, a spacious and beautifully updated 2-bedroom, 1.5-bath mobile home featuring an open layout, large sunroom, large concrete driveway, patio, shingled roof, and shed. This home offers nice-sized bedrooms, stainless steel appliances, an area for a washer and dryer, updated lighting and ceiling fans, new flooring with baseboards and quarter round, new closet doors, and updated bathrooms with new vanities, new faucets, a new medicine cabinet, and an LED mirror. The kitchen features a beautiful glass backsplash and a new faucet, and the home has been newly painted inside and out. Almost all windows have also been updated, adding to the home’s refreshed feel an

Key facts

  • Large sunroom
  • New flooring
  • Shingled roof

Tags

LARGE SUNROOMLARGE CONCRETE DRIVEWAYSHINGLED ROOFUPDATED LIGHTINGSTAINLESS STEEL APPLIANCESNEW FLOORING

Property features AI

Finance

  • Other: Pets allowed (dogs and cats OK; breed restrictions apply)
  • HOA & community: Other monthly fee of $810; Land lease $850 monthly (1 year remaining)

Exterior

  • Parking: Driveway
  • Utilities: Public water; Public sewer; Natural gas available; Electric available; Sewer available; Water available; Electric hot water
  • Home design: Manufactured home; Land lease ownership
  • Construction: Vinyl siding; Above-grade structure; Estimated year built
  • Exterior features: Storage barn/shed; Not in a federal flood zone

Interior

  • Kitchen: Combination kitchen/dining (appliances not separately listed)
  • Bedrooms: 2 bedrooms on main level
  • Bathrooms: 1 full bath; 1 half bath
  • Heating & cooling: Forced air heating; Oil and electric heating fuel; Central air conditioning (electric)
  • Interior features: Ceiling fan(s); Combination kitchen/dining area; No basement
  • Laundry & utility: Washer and dryer; Has laundry

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.5-bath single-family listed at $95k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $1k ($16k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $95k).
  • Recommended offer: $92k (3.0% below list) — sets the bar for market timing.
  • Cap rate 22.9% vs local median 4.7% in Sicklerville — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads: area grade B — affects rentability + tenant quality, not the cash-flow math above.
  • Monroe Township Public School District (suburban): math 20% / reading 45% proficiency, ranked #302 of 472 in NJ (top 64%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: 270 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals leasing fast (median 0d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 1,047 units permitted in Gloucester County in 2024 (183 in 5+ unit buildings).
  • This rent runs 31% of the median local income ($97k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $657 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
  • Gloucester County population projected to shrink 5% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
  • At projected returns (-3.0% appreciation + 3.0% rent growth), your $27k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 48 days — a 3% lower offer ($92k) is reasonable based on typical stale-listing flexibility.
  • 5 sale attempts since 6y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
Recommended offer $92,150 (3.0% below list)

Questions for the listing agent

  1. It's been on market 48 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  4. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  5. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
2.63%
Cap rate
22.91%
Cash-on-cash
59.34%
DSCR
3.64
GRM
3.2

CMA / ARV

ARV (on-the-fly)
$194,400
Comps found
10
Show comp detail 10 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
305 Oklahoma Ave 0.08mi 3/1.5 (+1) 1,300 (-4%) 12mo $88,000 $68 75
309 Texas Ave 0.03mi 3/2.0 (+1) 1,250 (-7%) 13mo $109,000 $87 69
1604 N Main St 0.18mi 2/2.0 1,248 (-8%) 14mo $357,900 $287 66
126 Hewitt Ave 0.29mi 3/1.0 (+1) 1,396 (+3%) 19mo $309,999 $222 58
12 Corona Dr 0.17mi 2/2.0 1,456 (+8%) 23mo $210,000 $144 58
148 Dorian Dr 0.31mi 2/2.0 1,456 (+8%) 17mo $250,000 $172 57
211 Eisenhower Ave 0.37mi 2/2.0 1,400 (+4%) 22mo $114,000 $81 56
1488 N Tuckahoe Rd 0.58mi 3/2.5 (+1) 1,240 (-8%) 1mo $405,000 $327 49
421 Kennedy Ave 0.15mi 3/2.0 (+1) 1,500 (+11%) 22mo $125,000 $83 49
522 Buchannan Ave 0.43mi 3/2.0 (+1) 1,500 (+11%) 7mo $103,000 $69 48

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
58.0%
Equity multiple
3.57×
Total profit
$68,415
Equity at exit
$14,165
10-year hold
IRR
62.9%
Equity multiple
7.30×
Total profit
$167,597
Equity at exit
$8,214

Cash invested: $26,600 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
21 Tenant-Leaning
State New Jersey
21 Tenant-Leaning · D+6
County
— inherits STATE
City
— inherits STATE
Anti-eviction Act requires just-cause statewide; rent control in 100+ municipalities; one of the most tenant-friendly states.

ZIP-level market 08094

Active inventory
270
Price-to-rent
3.2×

Monthly cashflow live

Estimated rent
$2,496 high interval (Pro) →
Mortgage (P&I)
$498
Tax est. 1.5%
$119 /mo · $1,425/yr
Insurance
$40
HOA
$0
Vacancy / Maint / Mgmt
$524
Net cashflow
$1,315

Break-even live

Break-even rent $831
Max offer price $95,000
Occupancy floor 42%

Sensitivity live

Price -10% $1,381 -5% $1,348 +0% $1,315 +5% $1,282 +10% $1,250
Rent -10% $1,118 -5% $1,217 +0% $1,315 +5% $1,414 +10% $1,512
Rate -1.0pp $1,363 -0.5pp $1,339 base $1,315 +0.5pp $1,291 +1.0pp $1,266

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$23,750
Closing costs
$2,850
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 7 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1616 N Main St Williamstown, NJ 2.0 2.0 1064 $2,500 $2.35 0d 1 0.12mi
1761 Glassboro Cross Keys Rd Williamstown, NJ 2.0 1.0 1300 $2,000 $1.54 20d 1 0.35mi
1941 N Black Horse Pike Williamstown, NJ 1.0–2.0 1.0 832 $1,662 $2.00 5d 1 0.38mi
1000 Fawn Dr Williamstown, NJ 1.0–2.0 1.0–2.0 1209 $6,017 $4.98 0d 1 0.79mi
212 Woodlawn Ave Unit B Sewell, NJ 2.0 1.0 1000 $1,750 $1.75 12d 1 0.95mi
343 Brookdale Blvd Williamstown, NJ 3.0 2.5 1438 $2,500 $1.74 0d 1 1.29mi
100 Town Center Blvd Sewell, NJ 1.0–2.0 1.0–2.0 1107 $3,110 $2.81 0d 17 1.32mi

Listing history 25 events

  1. 2026-06-21
    days on market $95,000 Active 48 DOM
  2. 2026-06-18
    days on market $95,000 Active 45 DOM
  3. 2026-06-17
    days on market $95,000 Active 44 DOM
  4. 2026-06-16
    days on market $95,000 Active 43 DOM
  5. 2026-06-15
    days on market $95,000 Active 42 DOM
  6. 2026-06-13
    days on market $95,000 Active 40 DOM
  7. 2026-06-09
    days on market $95,000 Active 36 DOM
  8. 2026-06-08
    days on market $95,000 Active 35 DOM
  9. 2026-06-07
    days on market $95,000 Active 34 DOM
  10. 2026-06-04
    days on market $95,000 Active 31 DOM
  11. 2026-06-03
    days on market $95,000 Active 30 DOM
  12. 2026-06-02
    days on market $95,000 Active 29 DOM
  13. 2026-06-01
    days on market $95,000 Active 28 DOM
  14. 2026-05-31
    days on market $95,000 Active 27 DOM
  15. 2026-05-04
    listed $95,000 Active
  16. 2024-07-02
    historical
  17. 2024-06-30
    status Active
  18. 2024-05-25
    historical
  19. 2024-05-13
    historical Active Under Contract
  20. 2024-04-26
    status Active
  21. 2024-04-04
    status Pending
  22. 2024-01-31
    listed $65,000 Active
  23. 2024-01-30
    historical
  24. 2020-10-13
    historical
  25. 2020-09-21
    listed $50,000 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$29,952
− Mortgage interest
−$5,321
− Property taxes
−$1,425
− Insurance
−$475
− Repairs & maintenance
−$2,396
− Management
−$2,396
− Depreciation
−$2,764
Taxable income
$15,174
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$3,642
After-tax cash flow
$12,142/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 12 photos

Good 80/100 Cosmetic rehab

This updated mobile home is move-in ready with good condition and recent renovations, offering a good investment opportunity.

Value-add opportunities

  • Both Painting the exterior and interior — Enhances curb appeal and interior aesthetics.
  • Resale Upgrading the kitchen appliances — Stainless steel appliances add value and appeal to potential buyers.
  • Both Adding smart home features — Improves convenience and adds modern appeal, attracting both buyers and renters.
  • Both Upgrading the HVAC system — Ensures comfort and energy efficiency, appealing to buyers and renters.
  • Both Landscaping improvements — Enhances curb appeal and adds value to the property, attracting both buyers and renters.

Renovation cost estimate screening

Value-add ROI direction

  • Both Painting the exterior and interior — Enhances curb appeal and interior aesthetics.
  • Resale Upgrading the kitchen appliances — Stainless steel appliances add value and appeal to potential buyers.
  • Both Adding smart home features — Improves convenience and adds modern appeal, attracting both buyers and renters.
  • Both Upgrading the HVAC system — Ensures comfort and energy efficiency, appealing to buyers and renters.
  • Both Landscaping improvements — Enhances curb appeal and adds value to the property, attracting both buyers and renters.

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

District
Monroe Township Public School District
NCES district ID
3410470
Math proficiency
20% ▼ -24.00%
Reading proficiency
45% ▼ -9.00%
Median HH income
$71,557
Composite
30.24/100
National rank
#6295
State rank
#302 of 472 in NJ

Livability — Sicklerville

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

County
Gloucester County · 160,422 people
City population
50,264
Metro
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
Population (ZIP)
41,595
Household income
$96,699
Rent vs Own
14.5% rent · 85.5% own
Severe rent burden
721.0

Population outlook (Gloucester County) Hauer SSP2

Today (2025)
298,895 people
By 2030
299,031 · +0.0%
By 2040
294,020 · -1.6%
By 2050
284,188 · -4.9%
By 2075
260,720 · -12.8%
By 2100
229,565 · -23.2%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (73%)
Race & ethnicity
White 73% Hispanic / Latino 11% Black 10% Two or more races 8% Asian 1%
Hispanic origin (detail)
Puerto Rican 6% Dominican 1%
Common ancestry
Romanian 6% Slovak 2% Lithuanian 1%
Foreign-born
4% · Canada
Languages at home
92% English-only · Spanish 5% Russian/Polish/Slavic 1%

Political lean MEDSL · Gloucester

2024 margin
Toss-up / Even · D 47.8% · R 50.6% · Other 1.6%
2008→2024 swing
-15.0pp toward R · 2008: 12.2pp · 2024: -2.8pp
All cycles
2024: R+2.8 2020: D+1.9 2016: R+0.4 2012: D+10.5 2008: D+12.2

Not yet ingested

Civics

Market trends

HPI YoY
▼ -213.12%
Current HPI
278.3849
Rent YoY
Metro
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
State GDP YoY
▲ 2.05%
F500 in state
34

Industry mix (Fortune 500 HQ in NJ)

Industry F500 HQs Revenue

Price history

+90.0% since first listed
11 events — show timeline
  • 2026-05-04 Listed $95,000 BRIGHT MLS
  • 2024-07-02 Listing Removed BRIGHT MLS
  • 2024-06-30 Relisted BRIGHT MLS
  • 2024-05-25 Listing Removed BRIGHT MLS
  • 2024-05-13 Contingent BRIGHT MLS
  • 2024-04-26 Relisted BRIGHT MLS
  • 2024-04-04 Pending BRIGHT MLS
  • 2024-01-31 Listed $65,000 BRIGHT MLS
  • 2024-01-30 Coming Soon BRIGHT MLS
  • 2020-10-13 Listing Removed BRIGHT MLS
  • 2020-09-21 Listed $50,000 BRIGHT MLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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